So the announcement says this:
"Babcock & Brown Infrastructure Trust request an immediate trading halt in respect of Babcock & Brown Infrastructure stapled securities (ASX: BBI) pending an announcement regarding a possible arrangement with a potential cornerstone investor to work towards a recapitalisation transaction."
What do people think that entails? BBI or BEPPA?
Are there other examples of cornerstone investors coming into a stock that might provide a guide?
cornerstone investor and their possible role
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